Elon Musk may be one of the world’s richest people, but he’s not living large.
After selling much of his real estate portfolio in the past year and listing his final property earlier this month to focus on his mission to Mars, the Tesla and SpaceX CEO is taking the phrase “live below your means” to another level.
Musk, who turned 50 in June, revealed in a tweet that he is now living in a humble $50,000 home that he rents from SpaceX on its launch site in Boca Chica, Texas.
“My primary home is literally a ~$50k house in Boca Chica / Starbase that I rent from SpaceX. It’s kinda awesome though,” he wrote earlier in June.
It’s rumored the entrepreneur, who was named the richest person in the world this year, is living in a 375-square-foot modular home worth exactly $50,000 from Boxabl, according to Musk fan blog Teslarati and the Houston Chronicle.
The tiny homes are made up of the bare necessities: a living area, bathroom, bed and kitchen — all from a folded box.
Musk did not immediately respond to a request for comment. The company’s co-founder, Galiano Tiramani, could not confirm to The Post whether Musk was living in a Boxabl home, but gave The Post a peek inside a typical Boxabl residence.
The first model of the construction technology startup is called “Casita,” but they’ve already created other designs to fit different families and meet individual needs.
“The system doesn’t end at the ‘Casita,’ ” Galiano said. “We have plans for different room modules that stack and connect to build any building on the planet.”
“The goal of the company is to mass-produce housing on a scale and at a cost that’s never been done before,” Galiano added. “We want to make housing dramatically more affordable for the world.”
When asked what he thought of Musk living in his creation, Galiano told The Post he was unable to comment on the matter.
But a Boxable does appear to have residences on the Texas, Starbase site.
